George3 replied to the topic Investment Properties in NT in the forum General Property 21 years, 2 months ago
Hi Nigel,
We have had an IP up there for 7 years, the first five it had little capital growth, in the last 18 months it is up about $100,000. Agents, BIS, others, say there is still growth to be had.
Many in this forum bag out Darwin as it sat still for so long but you can’t judge the future on the past.! My sister had no growth on the gold…[Read more]
George3 replied to the topic Darwin vs. Tasmania in the forum The Treasure Chest 21 years, 4 months ago
Hi Guys,
My wife is a Tassie girl so we travel there often. I don’t think Tassie will have long term growth as the population is not increasing.
DArwin is the way to go. Have a place up there (Nightcliff) and all of a sudden it is “hot property”. An agent up there said alot of $ is comming in from interstate investors as it is not only the…[Read more]